World2 sources
India's Arms Exports to Europe Surge Amid Ukraine-Russia Conflict
- India has become the third-largest arms exporter to Europe under the 'ReArm Europe' initiative.
- India exported over $850 million worth of arms to Europe since the start of the Ukraine-Russia war.
- European countries are restocking their military supplies, making India a key supplier.
- India's defence sector is witnessing a surge in ammunition exports, highlighting its manufacturing strengths.
- Analysts caution that India has yet to secure a lasting foothold in Europe’s defence market.